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Sprint and T-Mobile fight to buy back your old devices

Sprint and T-Mobile fight to buy back your old devices
Mariella Moon
Mariella Moon|@mariella_moon|September 9, 2014 4:54 AM

With the new iPhone making its debut later and other phones coming out in the next few months, you're probably already looking for the best way to trade in your old device for a new one. Sprint and T-Mobile both want your business really badly, it seems, so now they're trying to one-up each others' -- and everyone else's -- buyback programs. While the Now Network has long paid up to $300 for old gadgets, the company will now start matching any higher trade-in price you get from the other three major carriers, in an effort to offer the best deal possible. But Big Magenta won't go down without a fight: in case you get a better buyback pricing from another carrier, the company will not only match it, but also add $50 on top of the total amount to make the deal sweeter.

As Sprint pointed out in is press release, though, T-Mobile only lets you trade in one device per line and only when you're buying a new one, whereas its buyback program accepts up to three eligible devices at once. Choosing between the two then depends on how many devices you're trading in, which one will pay you the most and when you're turning in your old devices: Sprint's new policy starts immediately, but T-Mobile's will start on September 17th and is only available for a limited time. Your move, AT&T and Verizon.

[Image credit: Getty Images]

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Sprint and T-Mobile fight to buy back your old devices